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Posted on 14/06/2024

Allianz Is Said to Weigh Deal With Singapore’s Income Insurance

Allianz SE and Singapore-based Income Insurance Ltd. are in talks about a possible tie-up, people familiar with the matter said.

Posted on 14/06/2024

Singapore’s Ship-Fuel Sales Surge as Global Trade Flows Jolted

(Bloomberg) -- Ship-fuel sales in Singapore rose, with an increasingly large fleet of vessels calling at the hub as tensions in the Red Sea snarl global trade. Most Read from Bloomberg Wells Fargo Fires Over a Dozen for ‘Simulation of Keyboard Activity ...

Posted on 14/06/2024

Chinese soccer fans are pouring money into a food stall run by Singapore’s goalkeeper. Here’s why

Chinese soccer fans have poured their love — and money — into a Singaporean goalkeeper’s food stall after his performance in a game this week indirectly helped China advance to the third qualifying ...

Posted on 14/06/2024

After a rising streak this week, Singapore shares slip on Friday’s open—STI dropped by 0.2%

SINGAPORE: After a rising streak this week, Singapore shares slip on Friday’s open, June 14,... The post After a rising streak this week, Singapore shares slip on Friday’s open—STI dropped by 0.2% app ...

Posted on 14/06/2024

China football fans send money to Singapore goalkeeper for heroics

Photo by FAS Chinese fans have also been flocking to the modest food outlet.While Sunny said he has been amazed by the acclaim, he wondered if being sent money for his performance was even legal ...

Posted on 13/06/2024

Singapore shares rise on lower US inflation, rate-cut possibility; STI up 0.5%

SINGAPORE shares ended higher on Thursday (Jun 13), as markets were encouraged by easing US Consumer Price Index (CPI) figures and the possibility of more interest-rate cuts by the US Federal Reserve.

Posted on 13/06/2024

Siltronic Opens $2.2 Billion Wafer Fab In Singapore Amid Booming Chip Demand

Germany's Siltronic has opened a $2.2 billion wafer factory in Singapore as demand for chips used in mobile devices, electric vehicles and data centers increases.

Posted on 13/06/2024

Singapore wants to revive its stock market. Could major Asian markets have the answers?

Could Singapore take lessons from Japan and South Korea’s value up programs to make its exchange more attractive? Analysts weigh in.

Posted on 13/06/2024

Singapore Port Container Logjam Worsens as Ships Avoid Red Sea

Singapore’s port, already one of the busiest in the world, is facing a sustained period of congestion as vessel diversions to avoid the Red Sea push more container ships to the Asian maritime hub.

Posted on 13/06/2024

Man, 46, to be charged for stealing, damaging carpark facilities in Singapore

SINGAPORE - A 46-year-old man who allegedly stole a carpark’s gantry barrier arms and caused damage to a building management’s wheel clamps has been arrested, the police said ...

Posted on 13/06/2024

Singapore aims to better manage electricity supply with enhanced energy management system

The new system uses sensors, satellite imagery and machine learning to forecast sunlight levels an hour ahead at greater accuracy than ever before.

Posted on 13/06/2024

Container prices surge 26%; some lines shifting transshipment from Singapore to regional ports amid congestion

THE average shipping container prices in Singapore has increased by 26 per cent from October 2023 to May 2024, reflecting a “substantial increase” in demand for capacity amid global port congestion.

Posted on 13/06/2024

Singapore, Malaysia to keep overall approach to engagement but also pursue new ideas: PM Wong

SINGAPORE and Malaysia will continue efforts to resolve long-standing bilateral issues while also exploring new possibilities, said Prime Minister Lawrence Wong during his first trip to Malaysia since ...

Posted on 13/06/2024

Singapore’s Wong and Malaysia’s Anwar say both countries’ ties can be Asean model

Singapore PM Lawrence Wong was making his first official trip to Malaysia since taking office, a day after an introductory visit to Brunei.

Posted on 13/06/2024

Hyundai Modeling US Manufacturing Footprint After Eco-friendly Singapore

The new-generation Hyundai production facilities will go beyond a traditional manufacturing landscape and include green technologies.

Posted on 12/06/2024

Chip industry is still ‘at the end of a down cycle,’ says German semiconductor CEO as he opens a $2.2 billion plant in Singapore

The semiconductor industry is still in a “transition year,” says the CEO behind the West's only producer of silicon wafers, as manufacturers try to navigate their way through the end of a years-long ...

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